FF FY 2010 Earnings Report — FutureFuel Corp. Revenue & Financial Results | Market Cap Arena

FutureFuel Corp.FF

FY 2010 Earnings

Reported March 16, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$219M	—	$197M	—	11.4%
Op. Income	$32M	—	$25M	—	29.5%
Gross Margin	18.8%	—	17.5%	—	1.3pp
Net Margin	10.5%	—	8.6%	—	1.9pp
EPS (Diluted)	$0.62	—	$0.58	—	6.9%
Free Cash Flow	$8M	—	$3M	—	200.2%

Revenue Flow

Item	Amount
REVENUE	$219M
Cost of Revenue	$178M
GROSS PROFIT	$41M
R&D Expenses	$3M
Selling & Marketing	$0
General & Administrative	$6M
SG&A Expenses	$6M
Other Expenses	$0
Operating Expenses	$9M
Cost & Expenses	$187M
OPERATING INCOME	$32M
Interest Income	$1M
Interest Expense	$74.0K
Other Income/Expenses	$2M
INCOME BEFORE TAX	$34M
Income Tax Expense	$11M
Net Income from Continuing Ops	$23M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$23M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$23M
D&A	$8M
EBIT	$34M
EBITDA	$42M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$219M
Cost of Revenue	$178M
GROSS PROFIT	$41M
R&D Expenses	$3M
Selling & Marketing	$0
General & Administrative	$6M
SG&A Expenses	$6M
Other Expenses	$0
Operating Expenses	$9M
Cost & Expenses	$187M
OPERATING INCOME	$32M
Interest Income	$1M
Interest Expense	$74.0K
Other Income/Expenses	$2M
INCOME BEFORE TAX	$34M
Income Tax Expense	$11M
Net Income from Continuing Ops	$23M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$23M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$23M
D&A	$8M
EBIT	$34M
EBITDA	$42M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$23M
Depreciation & Amortization	$8M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$2M
Change in Working Capital	-$15M
OPERATING CASH FLOW	$18M
Capital Expenditure	-$10M
Acquisitions (Net)	$10M
Purchases of Investments	-$50M
Sales/Maturities of Investments	$50M
Other Investing Activities	-$30M
NET CASH FROM INVESTING	-$31M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$31M
Other Financing Activities	-$1M
NET CASH FROM FINANCING	$38M
FREE CASH FLOW	$8M
Net Change in Cash	$26M

Balance Sheet

Item	Amount
Cash & Equivalents	$91M
Short-Term Investments	$28M
Net Receivables	$36M
Inventory	$37M
Other Current Assets	$22M
TOTAL CURRENT ASSETS	$216M
PP&E (Net)	$125M
Goodwill	$0
Intangible Assets	$94.0K
Long-Term Investments	-$5M
Tax Assets	$5M
Other Non-Current Assets	$2M
TOTAL NON-CURRENT ASSETS	$128M
TOTAL ASSETS	$343M
Account Payables	$15M
Short-Term Debt	$0
Deferred Revenue	$2M
Other Current Liabilities	$24M
TOTAL CURRENT LIABILITIES	$44M
Long-Term Debt	$0
Deferred Revenue NC	$17M
Deferred Tax Liabilities	$26M
Other Non-Current Liabilities	$3M
TOTAL NON-CURRENT LIABILITIES	$47M
TOTAL LIABILITIES	$91M
Common Stock	$4.0K
Additional Paid-In Capital	$237M
Retained Earnings	$15M
Treasury Stock	$0
Accum. Other Comp. Income	$525.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$252M
Minority Interest	$0
TOTAL EQUITY	$252M
TOTAL LIABILITIES & EQUITY	$343M
Total Debt	$0
Net Debt	-$91M